NOT LISTED FOR SALE

37444 Pettinaro Dr Unit 5405 Ocean View, DE 19970

Estimated Value: $382,173 - $441,000

2 Beds
2 Baths
1,160 Sq Ft
$503/mo HOA Fee

Last Sold November 16, 2023

Last sale price $365,000 $315 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,826/month

151 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Boat Ramp
  • Penthouse
  • Lord Baltimore Elementary School Rated A-
  • Fitness Center
  • Water Oriented

About This Home

As of November 2023

The views from the top are always the best! This rare, two bedroom condo is on the top floor and offers spectacular views of the bay, wetlands, and Indian River Bridge. You need to see this one to believe it! Every room offers a water view. Enter into a bright and sunny kitchen that offers bay views from one side and pond views from the other. White kitchen cabinets and countertops keep everything looking fresh and beachy. The guest room just off the entry hall offers views of the pond and connects to a full bathroom. Curl up in the living room in front of the fireplace on cooler nights and enjoy watching the Indian River Bridge light up at night. The primary bedroom also offers bay views and a private full bathroom. Relax on the screened porch with a cup of coffee and take in the wildlife in the wetlands or lay out on the front porch to get some sun while looking out at the pond. A garage is included in the sale and provides the perfect space to store all of your beach toys, kayaks, bikes, surfboards, golf clubs and more. Bethany Bay offers something for everyone with the boat ramp, kayak launch, fishing pier, 9-hole golf course, outdoor pool, gym, tennis and pickle ball courts, volleyball, basketball, walking trails and playground. Sold fully furnished and ready to move in today!

Last Listed By

Shelby Smith

Long & Foster Real Estate, Inc. License #RS-0024052 Listed on: 05/04/2023

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $914

Year Built

  • Built in 2003

HOA Fees

Parking

  • 1 Car Detached Garage
  • Front Facing Garage
  • Parking Lot

Home Design

  • Penthouse
  • Coastal Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,160 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Electric Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Bay Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Oriented
  • Property near a bay
  • Lake Privileges
  • Balcony
  • Screened Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • 40 Feet of Waterfront
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 134-08.00-42.00-54-5

Community Details

Overview

  • Association fees include cable TV, common area maintenance, exterior building maintenance, high speed internet, insurance, lawn maintenance, management, pier/dock maintenance, pool(s), reserve funds, snow removal, trash, water
  • 1St Service HOA
  • Low-Rise Condominium
  • Excel Condos
  • Bethany Bay Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Pier or Dock
  • Golf Course Membership Available
  • Tennis Courts
  • Community Basketball Court
  • Volleyball Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Jogging Path
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$914

Year Built

Built in 2003

Lot Details

0

HOA Fees

$503 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal, Unit/Flat
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Exclusions: Some artwork and personal items. List attached in docs.
  • Inclusions: furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 3
  • Flooring Type: Ceramic Tile, Carpet
  • Interior Amenities: Ceiling Fan(s), Carpet, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Primary Bath(s), Window Treatments
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1160
  • Living Area Sq Ft: 1160
  • Price Per Sq Ft: 314.66
  • Above Grade Finished Sq Ft: 1160
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37444

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • View: Bay
  • Water Access: No
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 40

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 640.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 290.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Excel
  • HOA Condo Co-Op Amenities: Basketball Courts, Bike Trail, Boat Ramp, Cable, Club House, Exercise Room, Golf Course Membership Available, Jog/Walk Path, Pier/Dock, Pool - Outdoor, Swimming Pool, Tennis Courts, Tot Lots/Playground, Volleyball Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Ext Bldg Maint, High Speed Internet, Insurance, Lawn Maintenance, Management, Pier/Dock Maintenance, Pool(s), Reserve Funds, Snow Removal, Trash, Water
  • HOA Name: 1ST SERVICE
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 999
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony, Porch(es), Screened
  • Year Assessed: 2022
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 814.00
  • Tax Annual Amount: 914.00
  • Assessor Parcel Number: 134-08.00-42.00-54-5
  • Tax Total Finished Sq Ft: 1160
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/16/2023

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Nov 9, 2023
Sold by
Smith Cary and Smith Gladys E
Bought by
Phifer Ryan M
Seller's Agent
Shelby Smith
Long & Foster Real Estate, Inc.
Buyer's Agent
Susan Carpenter
Coldwell Banker Premier - Lewes
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%
Total Days on Market
151
Views
1104
Current Estimated Value
$400,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,543
Avg. Annual Appreciation
7.34%
Original Mortgage
$292,000
Outstanding Balance
$288,118
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$118,681

Purchase Details

Closed on
Aug 4, 2003
Bought by
Smith Cary and Smith Gladys E

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Phifer Ryan M $365,000 None Listed On Document
Smith Cary $249,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phifer Ryan M $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2023 11/16/23 Sold $365,000 0.0% $315 / Sq Ft
07/01/2023 07/01/23 Price Changed $365,000 -2.7% $315 / Sq Ft
05/04/2023 05/04/23 For Sale $375,000 -- $323 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $974 $22,500 $0 $22,500
2023 $962 $22,500 $0 $22,500
2022 $947 $22,500 $0 $22,500
2021 $920 $22,500 $0 $22,500
2020 $883 $22,500 $0 $22,500
2019 $879 $22,500 $0 $22,500
2018 $887 $22,850 $0 $0
2017 $902 $22,850 $0 $0
2016 $798 $22,850 $0 $0
2015 $822 $22,850 $0 $0
2014 $810 $22,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2040614

Bright MLS

APN: 134-08.00-42.00-54-5